For Lease
$11/SF/YR

3024 Covington Pike Memphis, TN 38128

Memphis Retail/Office Opportunity

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 4,000 square foot retail or creative office space is situated within the Covington Commons complex, a vibrant mixed-use development in Memphis, Tennessee. Located at 3024 Covington Pike, this single-story building boasts a prime location at the high-traffic intersection of Covington Pike and Stage Road. Built in 1974 and renovated in 2016, the property offers a Class B space within a larger 20,000 square foot building encompassing seven suites. The 1.84-acre lot provides ample space, and the property benefits from its proximity to numerous national retailers including Walgreens, Regions Bank, Taco Bell, Home Depot, Marshalls, and Burlington Coat Factory. This high-visibility location is surrounded by a dense concentration of businesses, including financial services, medical practices, and other retail establishments, ensuring high foot traffic and visibility. The space is immediately available and offers a unique opportunity for businesses seeking a prominent location in a thriving commercial area of Shelby County. The minimum divisible space is 4,000 square feet, with a maximum contiguous space also of 4,000 square feet. There are no elevators in this single-story building.

Highlights

  • High-volume retail traffic.
  • Excellent location adjacent to a mixed-use development with office and medical spaces.
  • Established restaurant location with over 25 years of operational history.

Property Details for 3024 Covington Pike

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
20,000 SF
Class
B
Year Built/Renovated
1974/2016
Buildings
1
Stories
1

Unit(s) available at that property

Space
3024#3
Size
4,000 SF
Rate per SF
$11

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.207764576782
Longitude
-89.894171007809

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FAQs

What type of property is this?
Retail property - Memphis Retail/Office Opportunity
Where is the retail property located?
The property is located at 3024 Covington Pike Memphis, TN.
What is the lease rate?
The lease rate is $11/SF/YR.
What are key features of this property?
This property features: High-volume retail traffic.; Excellent location adjacent to a mixed-use development with office and medical spaces.; Established restaurant location with over 25 years of operational history.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Arthur Malkin
Arthur Malkin
Visit Broker Website

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Covington Pike
Memphis, TN 38128

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Covington Pike
Memphis, TN 38128

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3024 Covington Pike
  • Arthur Malkin
    Arthur Malkin
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